​An Industry Based on Which of the Following Would Most

question 1

Multiple Choice

​An industry based on which of the following would most likely take advantage of lower costs in some less developed foreign countries?

• A) ​assembly line production
• B) ​specialized professional services
• C) ​nuclear missile programs
• D) ​development of more sophisticated computer technology

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Definitions:

Annual Bond Interest

The total interest that will be earned on a bond over the course of a year.

Face Value

The nominal or principal value of a financial instrument as stated by the issuer, typically used for bonds or currency notes.

Interest Expense

The cost incurred by an entity for borrowed funds, represented as an expense on the income statement.

Market Rate

The current price or interest rate at which securities, commodities, or currencies can be bought or sold in a marketplace.